1407 South Calhoun Street

Fort Wayne, IN 46802

$795,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional Downtown Investment Opportunity! Fort Wayne's rapid expansion presents a rare chance to be part of this thriving community. This income-generating property boasts a solid cap rate of 7%, with two of the three parcels currently leased. On one side, a spacious 4,500 sq ft bar and restaurant; next door, a substantial 10,000 sq ft industrial building awaits your vision for a versatile mixed-use development. Complete with two parking lots, and a mere 0.3 miles from Parkview Field and the Grand...Exceptional Downtown Investment Opportunity! Fort Wayne's rapid expansion presents a rare chance to be part of this thriving community. This income-generating property boasts a solid cap rate of 7%, with two of the three parcels currently leased. On one side, a spacious 4,500 sq ft bar and restaurant; next door, a substantial 10,000 sq ft industrial building awaits your vision for a versatile mixed-use development. Complete with two parking lots, and a mere 0.3 miles from Parkview Field and the Grand Wayne Center, this property is strategically positioned. Unlock boundless potential in the continuously flourishing Downtown District of Fort Wayne.
  1. Listed by Santino Zurzolo • Impact Realty LLC

Property Details for 1407 South Calhoun Street

Subdivision
Hamilton(s)
Waterfront
No

Location

Listing Courtesy of Impact Realty LLC
Add your commute
LISTING UPDATED: 02/01/2024 03:19 PM

Property Details for 1407 South Calhoun Street

StatusActive
MLS #202339821
Days on Market203
Taxes$6,044 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1900
Lot Size0.49 AC / 21,208 SF
CountyAllen County

Location

Listing Courtesy of Impact Realty LLC
Add your commute

Building Information for 1407 South Calhoun Street

Stories2Residences-Year Built1900Lot Size0.49 AC / 21,208 SF

Payment Calculator

$4,842 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,339

Property Taxes

$504

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1407 South Calhoun Street

Summary
Location and General Information
  • Area: Allen County
  • City: Fort Wayne
  • Zip Code: 46802
  • City Zoning: Unknown
  • State: IN
  • Township: Wayne
  • Geo Latitude: 41
  • Geo Longitude: -85
  • Road Access: City
  • Inside City Limits: Yes
  • Zoning Description: Downtown Corridor
  • Fips Code: 18003
  • Directions To Property: On Clinton heading south out of downtown turn right on Breckenridge, property is on the corner of Calhoun and Breckenridge.
  • Location: Commercial, Other
Taxes and HOA
  • Annual Taxes: $6,044
  • Year Taxes Payable: 2023
  • Parcel Number Id: 02-12-11-230-001.000-074
  • Parcel Id 2: 02-12-11-230-003.000-074
  • Parcel Id 3: TBA
Parking
  • Number Of Parking Spaces: 30
  • Parking: Lot, Paved, Private, Public, Street
Property
Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.48
  • Lot Dimensions: 150X150
  • Approx Lot Size Sqft: 21208.0
Property and Assessments
  • New Construction: No
  • Year Built: 1900
  • Age: 124
  • Documents Available: Legal Description, Sellers Disclosure
  • Planned Unit Development: No
Utilities
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Sewer: City
  • Water Company: Fort Wayne City Utilities
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Exterior: Asphalt, Brick, Concrete, Metal, Stucco, Wood
  • Fence: None
  • Platted: Yes
  • Roof Material: Flat
Interior Features
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Central Air
  • Flooring: Mixed, Other, Vinyl, Vinyl Tile, Wood
  • Heating/Fuel: Baseboard, Conventional, Forced Air, Multiple Heating Systems
  • Stories: 2
Multi Family
Multi-Family Information
  • Number of Buildings: 2

Property History for 1407 South Calhoun Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1407 South Calhoun Street

Taxable ValueLand$29,600Additions$121,400Total$151,000
Tax Record2023$4,071 ($339 / month)
Home Facts
Total Finished SqFt6,120 SqFtAbove Grade Finished SqFt6,120 SqFtStories2Lot Size4,922 SqFtStyleStoresYear Built1900CountyALLENAPN02-12-11-230-001.000-074

Schools near 1407 South Calhoun Street

This home is within Fort Wayne Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Forest Park Elementary School
PublicPK to 5

Lakeside Middle School
Public6 to 8

North Side High School
Public9 to 12

Anthis Career Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1407 South Calhoun Street is a mixed use property for sale in Fort Wayne, IN 46802. This property was listed for sale on October 25, 2023 by Impact Realty LLC, it's currently listed at $795,000. This listing's school district is Fort Wayne Community Schools. Nearby schools include Forest Park Elementary School, Lakeside Middle School and North Side High School. 1407 South Calhoun Street is a 0-bed, 0-bath, mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Impact Realty LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.